Financial Times survey reveals widespread frustration as high tax rates overshadow bonus season in London. Over 60% of executives surveyed cited tax thresholds as a primary reason for delaying salary negotiations, with many exploring relocation options to lower-tax jurisdictions like Dubai or Singapore. Deloitte and PwC reported increased inquiries about expatriate tax planning, signaling a potential shift in where global talent chooses to settle. This trend threatens London’s dominance in financial services, as firms face mounting pressure to retain top talent amid rising fiscal burdens.